Cyber Upgrade funding news – Lithuania-based Cyber Upgrade Secures €2.5Million in Seed Funding
Nov 14, 2024 | By Kailee Rainse

Cyber Upgrade, a cybersecurity company, has raised €2.5 million in seed funding. The round was backed by Superhero Capital, Specialist VC, FIRST PICK VC, NGL Ventures, and angel investors Marios S. Kalochoritis and Sergei Anikin (former CEO of PipeDrive).
SUMMARY
- Cyber Upgrade, a cybersecurity company, has raised €2.5 million in seed funding.
- Cyber Upgrade combines cybersecurity expertise with advanced software, delivering faster and more efficient cybersecurity solutions and ICT compliance services—up to three times quicker—while maintaining high-quality standards.
This is it’s second investment in 12 months, following a €650,000 pre-seed round in February 2024. The new funding will help enhance its AI system, with plans to make it fully autonomous—operating without human oversight.
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Cyber Upgrade Offering
It’s "copilot" is an automated system that guides businesses through the cyber audit process using tools like Slack or Microsoft Teams. By answering simple questions, companies can easily assess their cybersecurity and compliance readiness—even if they don’t have an in-house security team.
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The service is available via subscription, making high-quality cybersecurity accessible to businesses of all sizes.
Aurimas Bakas, CEO of Cyber Upgrade said, “Our vision is to provide a powerful tool enabling companies to achieve the same level of cyber protection and audit readiness as Fortune 500 companies, without needing an expansive and costly in-house team, As cyber threats increase and regulations tighten, finding ways to lighten the load over overburdened CISOs and CTOs is the first line of defense, The role of cyber team leads currently extends way beyond securing only internal systems, so offloading smaller day-to-day tasks could allow for more efficient governance of other aspects at play.”
About Cyber Upgrade
Cyber Upgrade combines cybersecurity expertise with advanced software, delivering faster and more efficient cybersecurity solutions and ICT compliance services—up to three times quicker—while maintaining high-quality standards.